Press release
AB Charity Foundation Launches to Pioneer a New Global Model for Public Good Driven by Institutional Trust and Technology
The Foundation's governance is led by a distinguished board of directors composed of former heads of state from Europe. The board is chaired by Bertie Ahern, former three-term Prime Minister of Ireland and a key architect of the Good Friday Agreement. Board members include Lawrence Gonzi (former Prime Minister of Malta), Peter Medgyessy (former Prime Minister of Hungary), Danilo Turk (former President of Slovenia), and Petar Stoyanov (former President of Bulgaria).
The Foundation is actively expanding its global advisory board, bringing together respected figures from all five continents--including former presidents, scientists, diplomats, and cultural leaders--to guide strategic planning and foster international collaboration in delivering impactful social initiatives.
At the heart of the Foundation's mission lies a commitment to public good: advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The Foundation aims to build a "verifiable model of cooperative goodwill," powered by transparent governance and next-generation technology. As its founders emphasize, "It is not a specific technology that changes the world--but the shared consensus around trustworthy institutions and global cooperation."
AB Charity Foundation is technically supported by AB DAO, which provides the blockchain infrastructure underpinning the Foundation's operations. Through smart contract automation, 15% to 30% of the gas fees from every transaction on the AB public chain are directed into a dedicated charity pool. This mechanism enables a new operational model for charitable funding--combining on-chain fundraising, automated distribution, full-chain auditability, and third-party compliance assurance.
In addition, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund will also be directed into the Foundation's pool. The fund has already supported dozens of projects, with more initiatives in the pipeline--strengthening the financial sustainability of the Foundation's mission.
By leveraging blockchain's inherent transparency, the Foundation aspires to become a scalable model for next-generation philanthropic infrastructure--ensuring every donation is traceable, every distribution verifiable, and every intention honored.
To follow AB Charity Foundation and support its mission
Official Website: www.ab.org [http://%20www.ab.org/]
Global Community Portal: http://www.ab.org/community
Media Contact
Company Name: AB Charity Foundation
Contact Person: Lynn
Email: Send Email [http://www.universalpressrelease.com/?pr=ab-charity-foundation-launches-to-pioneer-a-new-global-model-for-public-good-driven-by-institutional-trust-and-technology]
Country: United States
Website: http://www.ab.org
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